Dr. Dre is reportedly selling several of his music assets and income streams to both Universal Music Group (UMG) and Shamrock Capital for a combined sale price exceeding $200 million.
Under the separate deals, which were pitched for $250 million and are close to being finalized by the rapper’s attorney, Peter Paterno, Shamrock Capital will reportedly acquire Dre’s artist royalties from two of his solo albums, in addition to his share in N.W.A. royalties, his producer royalties, and the writer’s share of his song catalog where he doesn’t own publishing.
For more, check out this article from American Song Writer.
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